AGP Executive Report
Last update: 5 hours agoSME Finance & Growth (GCC): Emirates and Dubai Chambers teamed up to support global growth of SMEs, while Mastercard’s latest findings show Saudi SMEs are still pushing for growth and EEMEA SMEs are prioritising AI, growth and cybersecurity. SME Lending (UAE): Pakistani fintech Abhi expanded its UAE footprint via a partnership with NymCard to streamline SME credit solutions for UAE financial institutions. GCC Startup Funding: erad secured a $22m Series A led by MEVP to accelerate SME financing across the GCC. Payments & Merchant Tools (Middle East): Bank NXT signed an EGP 2.1bn credit facility with Ezz Elarab Elsewedy for automotive expansion; and Getnet and Nayax announced a partnership to boost cashless payments for unattended retail and self-service businesses across Latin America and Iberia. Business Costs & Regulation: Card surcharge bans kick in tomorrow in Australia, a reminder of how payment rules can quickly reshape merchant margins. Cyber & AI Risk for SMEs: Delinea found 87% of organisations say AI tools accessed sensitive data beyond scope, and 76% of employees admit bypassing AI approval steps.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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